Compare Today’s Mortgage Rates for South Elgin, Illinois

Pureloan searches major banks and mortgage lenders all over the nation for the best home loan rates in South Elgin, Illinois 60177. Pureloan also provides a report on popular mortgage brokers in your area and a detailed analysis of your home loan payments. For a 30-year fixed loan, expected lifetime cash savings are $7,595 or $21 / month in South Elgin and surrounding areas of Kane county.

Our search engine explores all possible home mortgage options including fixed rate, adjustable rate (ARM), FHA, VA, USDA, conventional, jumbo and conforming home mortgages for South Elgin, Illinois 60177.

30 Year Fixed Mortgage Rates Customized for April 21, 2021

Today's 30 Year Fixed Mortgage Rates

Summary of Average Mortgage Terms in South Elgin, Illinois 60177

Rate

APR

Expected Savings

Monthly Payment

Total Closing Costs

Interactive and Personalized Mortage Rates Analysis

Source: Fannie Mae and Freddie Mac


To forecast and predict mortgage rates in South Elgin, IL 60177, Pureloan has created an interactive chart to track the 5 largest nationwide lenders. Historical rates are based on closed mortgage financings, and projections are based on proprietary modeling.

Historical Mortgage Rates for South Elgin, Illinois 60177 from 2012 - 2019

We have compiled mortgage rate charts for home loans in South Elgin, Illinois and around Kane county to help you understand trends for your home purchase process. This data is produced from actual closed loans.

2013 2014 2015 2016 2017 2018 2019 2020
% 30 year fixed mortgage 91.75% 89.24% 88.79% 89.10% 89.29% 88.57% 91.06% 89.81%
avg mortgage rate 5.00% 4.68% 3.94% 4.03% 4.48% 4.14% 3.93% 4.16%
% 15 year fixed mortgage 6.87% 8.31% 8.99% 9.43% 8.88% 9.36% 7.44% 8.48%
avg mortgage rate 4.40% 3.99% 3.28% 3.18% 3.53% 3.33% 3.18% 3.47%
Avg credit score 759.54 762.15 760.88 757.28 753.55 750.95 751.98 751.40
Avg LTV (loan to value) 76.24% 77.43% 79.50% 80.85% 81.55% 82.47% 82.77% 82.25%
Avg DTI (debt to income) 34.55 34.53 34.07 34.70 35.19 35.61 35.77 36.11
% First time homebuyer 40.72% 37.42% 36.61% 41.95% 41.97% 43.55% 41.15% 39.12%
Avg mortgage insurance % 4.29% 5.62% 8.36% 10.06% 11.35% 12.73% 12.65% 11.78%

Data produced from the Financial Report of the US Government

Best Mortgage Brokers Around South Elgin, Illinois 60177

If you’re looking to buy a new home in South Elgin, we have compiled a list of the leading mortgage brokers around South Elgin, Illinois 60177 to help you with your search.

Name
Address
Contact

Fairway Independent Mortgage

1000 W Spring St

South Elgin IL 60177

(847) 695-5722

http://ymp4life.com

Ace Cash Express

1145 W Spring St

South Elgin IL 60177

(847) 608-8539

http://www.acecashexpress.com/

Distinctive Mortgage

350 Sundown Rd

South Elgin IL 60177

(847) 429-1033

dismtg@earthlink.com

Springleaf Financial Services

230 Randall Rd

South Elgin IL 60177

(847) 741-0360

compliancehelpline@slfs.com

Direct Mortgage Corporation

460 Briargate Dr

South Elgin IL 60177

(847) 622-0564

andrea@directmortgagecorp.com

Address

1000 W Spring St

South Elgin IL

Contact

(847) 695-5722

http://ymp4life.com

Address

1145 W Spring St

South Elgin IL

Contact

(847) 608-8539

http://www.acecashexpress.com/

Address

350 Sundown Rd

South Elgin IL

Contact

(847) 429-1033

dismtg@earthlink.com

News on Mortgages and Reverse Mortgages for South Elgin, Illinois 60177